
Source: API
After a strong performance in the December quarter, economic growth moderated notably in the March quarter largely due to a decline in net exports. Otherwise, private investment in machinery and equipment—on the back of the data centre boom—gave the economy a boost. Household spending also remained solid in early 2026, but this will be tested in the coming months amid rising unemployment and falling real wages.
This Market Update provides a handy summary of the current economic environment.
Highlights

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